Demand is what determines the share price. The Asks on
Demand is what determines the share price. The Asks on Level 2 are a product of demand. When excitement and hype form around a stock, bids rise and buying pressure drives the share price up. At the moment, USGlobal isn't exactly being the most vocal company, and for good reason: they will have plenty of ammunition once Songbird closes.
I assure all of you that when Songbird has been acquired, there will be far more hype/excitement around this stock than anyone could ever anticipate. Very few people actually expect USGlobal to succeed. Very few. So what happens when an expectation is crushed and the opposite outcome occurs? A HUGE OVERREACTION...in other words, excitement, shares being bought, share price increasing faster than ever imagined, and A LOT of bragging among us investors.
The bums at the old company could never do what Tony is doing. And most of the attentive public thinks this is just a reincarnation of the old company. But how wrong they will be in the coming weeks. Tony is going to have a grin on his face from one ear all the way to the other.
Also remember - most of the public who follows this company think that we're going to be flying one aircraft. Think about this. Do you really believe that all of the people at USGlobal expect this company to thrive with ONE Boeing 737? Or even five? Or just 737s? Do you think they'll throw money at the old 767 later when the 777 is the future?
Do you really believe that Tony hasn't thought about hiring PR and advertisement agencies?...and that he hasn't already been in touch with them and secured business contracts?
Remember Frank Visconti, CEO of Songbird and Xtra Airways, who I wrote about several weeks ago? You think he and Tony wouldn't be in talks about potential partnerships?
Do you think this company is being silent because they have nothing to tell us? Or could it be that they are nearing the finishing line and understand that the stock price will increase if the company succeeds? After all, pumping the stock with PRs when Songbird isn't ours would be foolish. We saw the old company do it, and look how that turned out...
The demand we see now is quite literally nothing compared to what we'll see as soon as Songbird closes and the audit is completed. Everything will be in place for this company to start making money.
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